About your Search

20110711
20110711
Search Results 0 to 0 of about 1
said they'd pick up again on monday. >> the good news is we agree on some of the big things. >> reporter: president obama thought he and house speaker john boehner had an agreement to target $4 trillion in cuts. but saturday evening the speaker abandoned that plan, saying it was just too ambitious and couldn't pass. >> to get a big package would require big tax increases in the middle of an economic situation that's extraordinarily difficult with 9.2% unemployment. we think it's a terrible idea. it's a job killer. >> reporter: democrats want to close some tax loopholes to offset the cuts. >> what is really appalling is to see our republican colleagues essentially providing a form of extorti extortion, if you don't agree to deficit reduction the way we want it we're going to put all these jobs at risk. >> reporter: uncle sam's credit rating may be at risk if congress fails to act soon. >> and if that happens, you're going to see catastrophic damage across the american economy and across the global economy. >> reporter: a critical meeting bringing together political leaders wh
Search Results 0 to 0 of about 1